Investment Strategy - Dollar Cost Averaging is a strategy that can lead to significant wealth accumulation [1] - The strategy has the potential to create millionaires [1]

Investment Strategy - Invest in high-quality companies and maintain a long-term investment horizon [1]

Market Volatility - Stock market declines are a historical occurrence [1] - Volatility is an inherent and driving force in the stock market [1] Frequency of Market Declines - Declines of 5% happen approximately three times per year [2] - Declines of 10% happen approximately once per year [2] - Declines of 20% happen approximately every 4-6 years [2] - Declines of 30% happen approximately once per decade [2] - Declines of 40% or more happen a few times per century [2]

Investment Strategy - Prematurely selling high-performing stocks is a significant regret in investment [1] - Holding onto successful investments for the long term can be more beneficial than quickly selling them [1]

Financial Habits - Spend less than they earn [1] - Invest automatically [1] - Avoid lifestyle creep [1] Personal Development - Stay curious & keep learning [1] - Think long-term—always [1]

Core Idea - The ultimate goal is to achieve financial freedom, eliminating the feeling of being confined or restricted [1]

Core Principle - Simplicity is key to long-term success [1]

The path to wealth:1. Save aggressively.2. Invest immediately.3. Hold indefinitely. ...

If you invest for decades, volatility is noise. ...

Investment Philosophy - The primary objective is not rapid wealth accumulation, but rather long-term wealth preservation [1]